CENTBOP

Centurion Bank Of Punjab Limited has informed the Exchange that the Compensation Committee of the Board at their meeting held on November 18, 2006 approved the grant of 1,14,78,793 Stock options to the employees of the Bank. The options were granted at an exercise price of Rs. 29.65 each exercisable within a period of Five years from the date of vesting under "Employee Stock Option Plan".

News Verification : The media had reports on November 11, 2006 that a private bank is in talks with Centurion Bank of Punjab Limited to acquire a substantial stake. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Centurion Bank of Punjab Limited has vide its letter inter-alia stated, "It is not our practice to comment on speculative reports. If and when any development takes place, we shall make appropriate disclos

News Verification : The media had reports on November 11, 2006 that a private bank is in talks with Centurion Bank of Punjab Limited to acquire a substantial stake. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from the company.

Centurion Bank Of Punjab Limited has informed the Exchange that the shareholders of the Bank, at their EGM held on September 30,2006, approved the following: (1) Scheme of Amalgamation of Lord Krishna Bank Ltd. with the Bank - The shareholders approved the Scheme of Amalgamation of Lord Krishna Bank Limited (LKB) with Centurion Bank of Punjab Ltd., (CBoP) subject to the approval of the Reserve Bank of India. The proposal was approved by the requisite majority as per the provisions of Section 44A of the Banking Regulation Act, 1949. (2) The following items were also approved by way of Special R

Centurion Bank Of Punjab Limited has submitted to the Exchange a copy of the Notice convening the EGM, along with explanatory statement pursuant to Section 173(2) of the Companies Act, 1956 and the Scheme of Amalgamation. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Centurion Bank Of Punjab Limited has informed the Exchange that the Board will inter-alia, consider the final terms of the merger of Lord Krishna Bank with the Bank, including the Joint Valuation Report of the Independent Valuers appointed for this purpose, the Draft Scheme of Amalgamation and all other matters related thereto. The Board will also consider at the said meeting, proposals from prospective investors for a preferential issue of up to 17,00,00,000 equity shares of Re.1/- each at a price to be determined in terms of the Securities and Exchange Board of India (Disclosure and Investor

Centurion Bank Of Punjab Limited has informed the Exchange that the Board of Directors of the Bank met on September 4, 2006 have approved the following :- (1) Merger of Lord Krishna Bank with Centurion Bank of Punjab Ltd.- The Board approved the draft Scheme of Amalgamation in terms of the share swap ratio as determined in the joint valuation report dated September 4, 2006 of M/s. N. M. Raiji & Co. and M/s. Deloitte Haskins & Sells, Chartered Accountants ("Joint Valuation Report") and the issuance of 7 (Seven) equity shares of Re. 1/- each of Centurion Bank of Punjab Limited for every 5 (Five)

The aforesaid proposed issue of equity shares on a preferential basis will be subject to the necessary approvals of the members of the Bank by a special resolution under Section 81 (1A) of the Companies Act, 1956 and such other regulatory approvals as may be required. The shares are being issued at a price determined in accordance with the SEBI (Disclosure and Investor Protection) Guidelines, 2000. The Board decided to convene an Extraordinary General Meeting of the members of the Bank to be held on September 30, 2006 to consider the above matters.

Centurion Bank Of Punjab Limited has informed the Exchange that the Board of Directors met on August 19, 2006 and considered, in-principle, a merger of Lord Krishna Bank Limited with Centurion Bank of Punjab Limited. The Board has accorded in-principle consent to pursue the merger, subject to satisfactory due diligence, a fair share swap ratio and receipt of approvals from the Reserve Bank of India, Stock exchanges and other requisite statutory and regulatory authorities and the respective Boards and shareholders. Ambit Corporate Finance Pte Ltd. and DSP Merrill Lynch are the investment banker

News Verification : The media had reports that Centurion Bank of Punjab Limited may acquire Lord Krishna Bank. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Centurion Bank of Punjab Limited has vide its letter inter-alia stated, "It is not our practice to comment on speculative reports. If and when any such development takes place we shall make appropriate disclosures."

Centurion Bank Of Punjab Limited has informed the Exchange that at the AGM of the Bank held on July 12,2006, the shareholders approved the following: 1) Re-appointment of Mr. J.S. George, a Director who retired by rotation. 2) Re-appointment of Mr. K.K. Abdul Razak a Director who retired by rotation. 3) Re-appointment of Mr. Y.K. Modi, a Director who retired by rotation. 4) Revision in the Remuneration payable to Mr. Shailendra Bhandari, Managing Director of the Bank. 5) Appointment of Mr. Tejbir Singh as Executive Director of the Bank and the remuneration payable to him. 6) Appointment of M/s

Centurion Bank Of Punjab Limited has informed the Exchange that the Compensation Committee of the Board at their meeting held on July 10, 2006 approved the following :- 1) Revocation of 14,00,000 options granted on May 19, 2006 @ Rs.25.30 each under the General Employees Stock Option Plan 2004 (General ESOP 2004). 2) Grant of 2,00,00,000 Stock options to employees of the Bank at an exercise price of Rs.20.45 each exercisable within a period of five years from the date of grant under the General Employees Stock Option Plan 2004 (General ESOP 2004).

Centurion Bank Of Punjab Limited has informed the Exchange that the AGM of the Bank will be held on July 12,2006. The Register of Members and Share Transfer Books of the Bank will remain closed from July 06,2006 to July 12,2006 (both days inclusive) for the purpose of the said AGM of the Bank.

Centurion Bank Of Punjab Limited has informed the Exchange that the Securities Transfer, Allotment & Grievance Redressal Committee of the Board, a Committee duly authorised by the Board of Directors in this behalf, has at its meeting held on June 12, 2006, allotted 6,99,20,000 equity shares of the face value of Re.1 each for cash at a premium of Rs.18.25 per share aggregating to Rs.134,59,60,000 Crores to Johann Ltd., a 100% subsidiary of Chrys Capital III, LLC on a preferential basis subject to a lock-in for a period of one year from the date of allotment i.e. upto June 11, 2007. The above pr

Centurion Bank Of Punjab Limited has informed the Exchange that the Compensation Committee of the Board at their meeting held on May 19,2006 approved the grant of 14,00,000 stock options to employees of the Bank at an exercise price of Rs. 25.30 each exercisable within a period of five years from the date of grant under the General Employees Stock Option Plan 2004 (General ESOP 2004).

Centurion Bank Of Punjab Limited has informed the Exchange that the Board of Directors of the Bank has on March 27, 2006 resolved to confirm that the Centurion Bank Stock Trust, which holds 4,00,00,000 Equity shares of the Bank for the benefit of the Bank, may be requested to sell these shares at a price not less than Rs.24/- per share in one or more tranches.

Centurion Bank Of Punjab Limited has informed the Exchange that the Securities Transfer, Allotment & Grievance Redressal Committee of the Board, a Committee duly authorised by the Board of Directors in this behalf, has at its meeting held on March 21, 2006, allotted equity shares of the Bank as under :- (1) 3,73,33,333 equity shares of the face value of Re.1/- each at a premium of Rs.18.25 per share aggregating to Rs.71,86,66,660.25 to India Value Fund Trustee Company Private Limited. (2) 3,26,66,667 equity shares of the face value of Re.1/- each at a premium of Rs.18.25 per share aggregating

Centurion Bank Of Punjab Limited has informed the Exchange that the High Court of Judicature at Bombay, Panaji Bench, Goa has sanctioned the petition for "Capital Reduction" by way of utilization of the Securities Premium Account for adjustment of the debit balances in Profit and Loss Account and Goodwill Account under provisions of Section 78 read with Section 100 to 103 of the Companies Act, 1956 during the final hearing held on March 10, 2006.

Centurion Bank Of Punjab Limited has submitted to the Exchange the Application and Petition w.r.t. Utilization of Securities Premium Account for adjustment of debit balance in Profit and Loss Account and Goodwill Account under Section 78 read with Section 100 to 103 of the Companies Act, 1956 ('the Cos.Act') has been admitted by the Honourable High Court of Panaji, Goa on February 03, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Centurion Bank Of Punjab Limited has informed the Exchange that the shareholders of the Bank, at their EGM held on December 24, 2005, approved the following proposals by way of Special Resolutions :- (1) Amendment in the Articles of Association for substitution of the words "Share Premium Account" with the words "Securities Premium Account" wherever they appear in the Articles of Association; (2) Utilisation of Securities Premium Account up to an amount of Rs.200 Crores for adjusting the debit balance in the Profit & Loss Account and Goodwill Account; (3) Increase in the Authorised Share Capit

Centurion Bank Of Punjab Limited has informed the Exchange that the Bank has on December 17, 2005 offered 1,90,00,000 stock options under the Key Employees Stock Option Plan - 2004. This was approved earlier by the shareholders by a special resolution passed through Postal Ballot and by the Board of Directors.

Centurion Bank Limited has submitted to the Exchange a copy of the Notice of the EGM of members of the Bank to be held on December 24, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Centurion Bank Limited has informed the Exchange that The following matters were approved by the Board of Centurion Bank of Punjab Limited ("Bank") at their meeting held on November 29, 2005: (a) Proposal for utilization of the Securities premium Account: Utilisation of an amount not exceeding Rs.200 crores from the Securities Premium Account for adjusting the Debit balance in the Profits and Loss Account and Goodwill arising out of the amalgamation of erstwhile Bank of Punjab Ltd. with the Bank under the Provisions of Section 78 read with Section 100 of the Companies Act, 1956 subject to the

.(c) Preferential Allotment of Shares: 1.Allotment of 7,00,00,000 fully paid equity shares of nominal value of Re.1/- each at a Premium of Rs. 18.25 aggregating Rs.19.25 per equity share for a consideration of Rs.134,75,00,000 to India value Fund, which is managed by GW Capital, along with affiliates/nominees of G.W. Capital. 2. Allotment of 7,00,00,000 fully paid equity shares of nominal value of Re.1/- each at a Premium of Rs. 18.25 aggregating Rs.19.25 per equity share for a consideration of Rs.134,75,00,000 to Johann Limited, a 100% subsidiary of ChrysCapital III, LLC. 3. Allotment of upt

(e)Proposed Investment in Asset Reconstruction Company: Investment of an amount not exceeding Rs.2.97 crores constituting 29.70% of the total paid up capital of a proposed Asset Reconstruction Company, subject to the approval of the Reserve Bank of India and other statutory approvals as may be required in this regard. (f)Joint Venture with Indecom Global Services Limited: The Board approved an Investment of an amount of Rs. 1.24 crores out of the total paid up capital of Rs. 4.60 crores constituting 27% of the paid up capital of the proposed joint venture to be entered into with Indecom Globa

Members of the Exchange are hereby informed that the name of Centurion Bank Limited shall be changed to Centurion Bank of Punjab Limited and the trading symbol of the Bank be changed from CENBNK to CENTBOP w.e.f. December 06, 2005.

Centurion Bank Limited has informed the Exchange that (a) the BODs have approved the appointment of Mr. Tejbir Singh as a Whole time Executive Director of the Bank w.e.f. October 01, 2005, subject to approval of the Reserve Bank of India. (b) the BODs at their meeting held on October 28, 2005 appointed Mr. S.K. Soni as Additional Director of the Bank.

Centurion Bank Limited has informed the Exchange that the Compensation Committee of the Board has, at its meeting held on October 28, 2005, approved the grant of 3,20,00,000 stock options at an exercise price of Rs. 18.50 each under the General Employees Stock Option Plan 2004 of the Bank (General ESOP 2004).

Centurion Bank Limited has informed the Exchange that the Securities Transfer, Allotment & Grievance Redressal Committee of the Board, a Committee duly authorized by the BODs in this behalf, has at its meeting held on October 19, 2005, allotted 23,62,50,000 Equity Shares of the Bank of the face value of Re. 1/- each fully paid-up, to the Equity Shareholders of Bank of Punjab Limited in the ratio of 9 Equity Shares of the Bank of the face value of Re. 1/- each fully paid-up, for every 4 Equity Shares of the face value of Rs. 10/- each held by them in Bank of Punjab Limited as on the Record Date

Centurion Bank Limited has informed the Exchange that pursuant to the approval granted by the Registrar of Companies, Goa, the name of the Bank has been changed from Centurion Bank Ltd to Centurion Bank of Punjab Ltd with effect from October 17, 2005.

Centurion Bank Limited has informed the Exchange that October 14, 2005 has been fixed as Record Date for the shareholders of Bank of Punjab Limited for the purpose of determining the eligible shareholders of Bank of Punjab Limited to whom equity share of Centurian Bank Limited will be allotted as per the Scheme of amalgamation between Bank of Punjab Limited and Centurian Bank Limited ("Scheme"). The Bank has further informed that in terms of the Scheme, Centurian Bank Limited will issue 23,62,50,000 Equity shares of Re.1/- each to the shareholders of Bank of Punjab Limited in the ratio of 9 (N

Centurion Bank Limited had informed the Exchange that the shareholders of the Bank, at their EGM held on August 03, 2005, approved the scheme of amalgamation between Bank of Punjab Limited and Centurion Bank Limited. Centurion Bank Limited has now informed that the Scheme has been approved by the Reserve Bank of India in terms of Section 44A of the Banking Regulation Act, 1949 on September 24, 2005. The Scheme shall be effective from October 01, 2005. In terms of the Scheme, Centurion Bank Limited will issue 23,62,50,000 Equity Shares of Re. 1/- each to the shareholders of Bank of Punjab Limi

Centurion Bank Limited has informed the Exchange that at the AGM of the Bank held on September 21, 2005, the following items of business were transacted: (1) Appointment of Director in place of Mr. S. Venkiteswaran, who retired by rotation and being eligible, offered himself for reappointment. (2) Appointment of Director in place of Mr. Rajiv Maliwal, who retired by rotation and being eligible, offered himself for reappointment. (3) Appointment of Mr.Chee Jin Kiong as a Director in place of Mr. Teo Soon Hoe, who retired by rotation. The Bank has received a nomination for appointment of Mr. Che

Centurion Bank Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2005 and the details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Centurion Bank Limited has informed the Exchange that the AGM of the Bank will be held on September 21, 2005. The Bank has further informed that the Register of Members and Share Transfer Books of the Bank will remain closed from September 15, 2005 to September 21, 2005 (both days inclusive) for the purpose of AGM.

Centurion Bank Limited has informed the Exchange that the shareholders of the Bank, at their EGM held on August 03, 2005, approved the proposal for amalgamation of Bank of Punjab Limited with Centurion Bank Limited subject to the approval of the Reserve Bank of India. The proposal was approved by the requisite majority as per the provisions of Section 44A of the Banking Regulation Act, 1949. The swap ratio has been fixed at 4:9 i.e. for every four shares of Bank of Punjab Limited, its shareholders will receive nine shares of Centurion Bank Limited as on the Record Date to be fixed by the BOD's

Centurion Bank Limited has submitted to the Exchange a copy of the notice of Extra-Ordinary General Meeting (EGM) of the Members of the Bank to be held on August 03, 2005. The details of the notice of EGM and Scheme of Amalgamation of Bank of Punjab Limited with the bank shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Centurion Bank Limited has informed the Exchange that the Board of Directors met on June 29, 2005 to consider and discuss the proposed merger of Bank of Punjab Ltd. with Centurion Bank Limited. The Board approved the joint valuation report dated June 29, 2005 of M/s. N.M. Raiji & Co. and KPMG India Private Limited ("Joint Valuation Report") and the issuance of 9 equity shares of Rs.1/- each of Centurion Bank Limited for every 4 equity shares of Rs.10/- each held in Bank of Punjab Ltd. The Board approved the notice and explanatory statement to be sent to shareholders of the Bank and has convene

Centurion Bank Limited has informed the Exchange that the Bank has on June 25, 2005 offered 2,08,00,000 stock options under the Key Employees Stock Option Plan-2004 to non-executive Directors of the Bank. This was, approved by the shareholders by a special resolution passed through Postal Ballot and by the Board of Directors.

Centurion Bank Limited has informed the Exchange that the Board of Directors met on June 20, 2005 to consider, in-principle, a merger between Bank of Punjab Limited and Centurion Bank Limited. The Board has accorded in-principle consent to pursue the merger, subject to satisfactory due diligence, a fair share swap ratio and receipt of all the requisite statutory, regulatory and corporate approvals, including approvals of the RBI, stock exchanges, the respective Boards and shareholders. Ambit Corporate Finance Pte. Limited are the sole investment bankers to this transaction. KPMG India Private

Centurion Bank Limited has informed the Exchange that the Securities Transfer, Allotment & Grievance Redressal Committee of the Board, a Committee duly authorised in this behalf, has allotted 32,545 Equity Shares (out of 43,757 rights entitlement shares held in abeyance) of face value of Re. 1/- each at an issue price of Rs. 4/- per share (including premium of Rs. 3/- per share) at their meeting held on April 21, 2005.

Centurion Bank Limited had informed the Exchange about the capital raised by the Bank by issue of GDRs and the allotment of shares underlying the GDRs. The Bank has further informed that pursuant to the exercise of the greenshoe option, the Securities Transfer, Allotment and Grievance Redressal Committee of the Board, a Committee duly authorised by the Board in this behalf, has allotted 3,12,51,000 additional Equity Shares of the Bank of face value of Re.1/- each at a price of Rs.14/- per share at their meeting held on April 06, 2005. The aforesaid shares represent the underlying shares in re

Centurion Bank Limited has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Centurion Bank Limited has informed the Exchange that the Compensation Committee of the Board has on April 2, 2005, decided to revoke the grant of 75,54,700 options out of the 83,50,000 options granted on January 10, 2005 at a price of Rs.19.50 each under the General Employees Stock Option Plan 2004 (General ESOP-2004). The Committee approved a fresh grant of 1,25,00,000 stock options at a price of Rs.15.25 each under the said General ESOP-2004, subject to such regulatory approvals as necessary.

Centurion Bank Limited has informed the Exchange that the Bank has on March 31, 2005 offered 2,02,00,000 stock options under the Key Employees Stock Option Plan-2004. This was approved earlier by the shareholders by a special resolution passed through Postal Ballot.

Centurion Bank Limited has informed the Exchange about the capital raised by the Bank by issue of GDRs, that the Securities Transfer, Allotment and Grievance Redressal Committee of the Board, a Committee duly authorised by the Board in this behalf, has allotted 21,87,49,500 Equity Shares of the Bank of face value of Re 1/- each at a price of Rs. 14 per share at their meeting held on March 29, 2005. The aforesaid shares represent the underlying shares in respect of 1,45,83,300 GDRs with each GDR representing 15 equity shares of the Bank of a face value of Re 1/- per share. As stated by their le

Centurion Bank Limited has informed the Exchange that 1,45,83,300 Global Depositary Receipts (GDRs) issued by the Bank have been listed and permitted to be traded on the Luxembourg Stock Exchange w.e.f. March 29, 2005. The GDRs were issued at US $ 4.80 each, with each GDR representing 15 underlying equity shares of the Bank.

Centurion Bank Limited has informed the Exchange that with reference to the in principle approval granted to the Bank for raising of further capital, the Bank has successfully raised US$70 million (equivalent to more than Rs 300 crores), through the issue of 14,583,300 Global Depositary Receipts (GDRs) at a price of $4.80 per GDR. Each GDR represents 15 common shares of the Bank of a face value of Re 1 per share. The GDRs will be listed on the Luxembourg Stock Exchange. The offering attracted strong demand from investors across Asia and Europe. Proceeds from the offering will be used primarily

Centurion Bank Limited has informed the Exchange that the shareholders of the Bank, at their EGM held on February 07, 2005, approved the proposal for raising of capital by the Bank by way of domestic and/or international offering(s) in one or more tranches to Foreign Investors, Foreign Institutional Investors, Non-Resident Indians, Corporate Bodies, Trusts, Mutual Funds, Banks, Insurance Companies, Pension Funds, Individuals and/or Trustees and/or Stabilisation Agents or otherwise, whether shareholders of the Bank or not, through a domestic public issue and/or on a private placement basis, suc

Centurion Bank Limited has informed the Exchange that Mr. Jayant Dang,Nominee of Asian Development Bank on the Board has resigned as a director of the bank. Mr.Davendra Mittal, Alternate Director to Mr.Jayant Dang has also ceased to be a director of the bank.The board took note of the resignations at their meeting held on January 10, 2005.